Webinar: Capacity vs Energy Subsidies for Promoting Renewable Investment

Policy makers across Europe have implemented renewable support policies with several policy objectives in mind. Among these are achieving ambitious renewable energy targets at the lowest cost, reducing CO2-emissions, and promoting technology improvement through learning-by-doing. Using an EU-wide transmission-constrained electricity market model, COMPETES, we address the question of how policies that subsidize renewable energy (e.g., feed-in premia, renewable portfolio standards) versus capacity (e.g., investment subsidies) impact the mix of renewable investments, electricity costs, renewable share, CO2 emissions, the amount of subsidies, and consumer prices in the EU power market in 2030 and how they interact with other policies such as the EU ETS. ​

Click here for more information.